Legislative Update: Illinois Sustainable Investing Act

November 21, 2019

As sustainability factors are increasingly being incorporated into the underlying investment processes at the corporate, manager, and investor levels, it’s not surprising that the Illinois General Assembly has taken up the issue in recently passed legislation. The Illinois Sustainable Investing Act (the “Act”), formally cited as Public Act 101-0473, was signed into law by Governor Pritzker with an effective date of January 1st, 2020. The goal of the Act is to recognize that sustainability factors play an important role in an investment’s overall performance and the creation of long-term value.

In this update, we summarize the Act and offer next steps for impacted clients, including:

  • Stated goals and purposes of the Act
  • The role of sustainability factors in investment performance and value
  • The duties of public agencies and governments
  • Implementation of the Act

Download PDF > Illinois Sustainable Investing Act Legislative Update

As always, your consultant will be able to address any specific questions you may have regarding these changes.

 

The opinions expressed herein are those of Marquette Associates, Inc. (“Marquette”), and are subject to change without notice. This material is not financial advice or an offer to purchase or sell any product. Marquette reserves the right to modify its current investment strategies and techniques based on changing market dynamics or client needs.

Related Content

12.02.2019

Defined Contribution Plan Legislative Update – 4Q 2019

Since our last DC Legislative Update, both chambers of Congress have moved forward with legislative enhancements for…

06.04.2019

2019 Investment Symposium

  Friday, October 4, 2019 8:00 AM -…

02.13.2019

Marquette Associates Continues to Expand Wealth Consulting Capabilities

CHICAGO, IL, February 13, 2019 – Marquette Associates, Inc. today announced plans to expand its wealth consulting offerings with an…

02.08.2019

Marquette Associates Ownership Update

CHICAGO, IL, February 8, 2019 – Marquette Associates, Inc. today announced an update to the firm’s succession plan in a…

01.14.2019

Marquette’s Ongoing Commitment to Building a Diverse Team and Industry Leaders

With each passing year, we continue to see compelling and thoughtful empirical research that highlights the strong case for all…

10.21.2019

Pat Wing Speaking at PAPERS’ Fall Conference 11/20

On Wednesday, November 20, Patrick W. Wing, CFA, CIPM will be speaking at the Pennsylvania Association of Public Employee…

More updates

Subscribe to Research Email Alerts

Research Email Alert Subscription

Research alerts keep you updated on our latest research publications. Simply enter your contact information, choose the research alerts you would like to receive and click Subscribe. Alerts will be sent as research is published.

We respect your privacy. We will never share or sell your information.

Thank You

We appreciate your interest in Marquette Associates.

If you have questions or need further information, please contact us directly and we will respond to your inquiry within 24 hours.

Contact Us >